EU to aid Bosnia with $207 million in bid to spur reform

December 16, 2014 3:58 PM

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SARAJEVO (Reuters) - The European Commission will support Bosnia's reform program with 166 million euros ($207.7 million) until 2017 in a drive to revive the country's bid to join the EU, the Commission said on Tuesday.

The European Union agreed on Monday to implement a German-British plan to use the October election as an opportunity to regain momentum and restart the process by dangling the carrot of EU cash and putting economics before political reforms.